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20130103
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. let's begin with ben willis at the newscy. -- nyse. we had some bias coming in the last half hour. >> as long as washington keeps santa claus hostage we'll continue to see this. "the santa clause" rally hasn't appeared because it has been over this fiscal cliff. kudos on fox business for the headline of story coming out of washington congress will meet on sunday this coming weekend that. is definitely took us off our low. we had a major rally on that. 10 handles on the s.o.p.s we watched down here. it was a painful trade there for a couple of hours. ashley: ben, very quickly up until now the market hasn't really reacted to the fiscal cliff but seems today it really sort of kicked in. did the market get it wrong up to this point? >> the fear is we may have got it wrong. market as i've been saying for a while believes in fact we will have a resolution so we will not go over the cliff. the recent commentary maybe has been there will be a patch so we'll get it done by early january. the comments by mr. reid today. the ball was thrown into his court by mr. boehner who failed with his p
that will happen. >>> still ahead, we're joined by actor and director ben affleck and the emmy-winning star of "veep," julia louis-dreyfus. first, caroline kennedy with her new book on her father's presidency. we'll hear audio from jfk himself inside the oval office. irping ]hon [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ >>> welcome back to "morning joe." you know, on the 50th anniversary of the cuban missile crisis, caroline kennedy joined us with never-before-released audio recordings from inside her father's white house. >> caroline contributed to
cliff negotiations is there. having said to endorse colleen han ni hanny -- hanibusa. >> and ben affleck has taken his name off the list for senator and says while he loves politics, he will not be running for office. >>> a bleak outlook for the coming year, a record low say they are hopeful and 56% say they are fearful. >>> the miami heat grabbed the top spot in the eastern conference by surviving a battle with the oklahoma city thunder. lebron james and whamm chambers been inned for 51 points. and rihanna and chris brown are courtside as the lakes pick up a victory, kobe bryant serving 34, topping 30 points for the ninth straight game. get out of the way. >>> numbers from the retailers are rolling in. so far not that great. holiday sales were up just .7% since last year, the slowest growth since 2008. even online shopping which posted double digit growth the past four years was up onl only .18%. and sur la table saw its biggest sales last saturday. >>> a class action against instagram in response to last week's uproar over revised service terms that suggest user photos might be sold wi
's the government. >> ben chavez is a member of a tribe that doesn't get special government help. and yet. >> the area where you live looks different from indian reservations. these mansions look like english manors. >> i can take you to one neighborhood where my people are from and show you nicer homes than a whole sioux reservation. >> this is not casino money. no special deal for your tribe. >> oh, no. in my tribe, woe -- we don't have casinos. we have 12 banks. >> he says his tribe does well because the federal government does not recognize them as a sovereign tribe. though their congressman wants to change that. >> it's time for discrimination to end and recognition to begin. >> mike knows if he wants to stay in washington, dc he has to support the tribe or he won't be there. >> this is an injustice that must be resolved. >> if the congressman gets his way your tribe will get 8 a million. >> if you want to become dependent on the federal government and sell your soul for 80 million, i understand that and some people are willing to do that. >> indian activityists they ought to get fed
ways to do that, maybe involving humor. >> reporter: take ben stiller. he gets attention for his foundation stiller strong by producing hilarious videos. >> matt damon, he claimed water. how do you claim water? aqua man? >> reporter: consider this. damon talks about water on youtube, 4,000 hits. this video with sarah silverman -- viral. damon says his strong suit is getting people to care. >> because there's a lot of kind of low-hanging fruit, so to speak. there are so many people that we can help. >> reporter: do you see a solution in your lifetime? >> yes, we do. in fact, that's why we're here. >> alina cho joins me now from new york. alina, how many people in countries as water.org been able to help? >> reporter: it's pretty extraordinary. water.org actually has active programs in 11 countries. matt damon tells me they've helped 1 million people so far around the world get affordable loans. and he says this whole idea of water credit, so giving people affordable loans so they can get a faucet, they can get a toilet, is really working. they don't have to go to a loan shark. the
cliff again. >> from your lips, right? we can only hope. thanks, ben. see you later. we are going out, and we are very close to a 300-point gain, the best gain for the market in about four or five years with the dow up 296 points as we head towards the second hour. got wilbur ross joining us and more members of congress as well. stay tuned. >>> nearly a 300-point day on the dow jones industrial average. welcome to the "closing bell." i'm kelly evans in for maria bartiromo. bill griffith joins us here in just a second. stocks are kicking off 2013 with one of the biggest rallies we've seen in some time. the biggest, in fact, since 2009. here's a quick look at how we're finishing the day on wall street, waiting for the settle to come through to see if we can hit the three handle on the dow jones industrial average, but we won't be far away from it, regardless. the nasdaq is adding about 88 points, the s&p 500 and, bill, the bottom line, up anywhere from 2.4% to 3% for these averages. >> i'm looking at the board here in the new york stock exchange, and it shows we're up 308 points right n
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was not cool on the skis. tough talk. here i am with ben willis, and we talked about the market, but the number one question, what's everybody saying about the fiscal cliff? >> new year's resolution is never to have to say those words again. >> oh, come on, what do people think? what's the reaction in the market? >> traders are tired of the hold. what you are witnessing now is political theater. the president getting on the plane, coming home early, on and on, just get it over with. that's what you are elected to do. just do your job. we're tired of it. >> pushed back into january? >> may have patch work done causing a resolution, but the market continues to say we believe it's going to happen because the fact of the matter is if it doesn't happen, the market turns ugly really fast. >> all right. there's obviously the belief something's got to happen but better be sooner than later. >> ben's got to have a better new year's resolution than that. >> i like it. that and eat more broccoli. >> he's laughing because it's the truth. >> thank you, nicole. >> i have to think of the new year's resolution
more money. a lot of people criticize ben bernanke for that. it could sew the seeds of inflation where down the road the stuff will be way too expensive. it was the only game in town. if you believe bernanke, if he didn't do that, we may have gone into a double dip recession or something worse. >> let's talk about the fact that so many people who are heads of companies, corporations , manufacturing, service, doesn't matter what sector of the economy, there is such uncertainty looking into the new year. i want you to talk about the likelihood that businesses in this country are going to expand in this economic climate. >> i don't think they will. i worry about small businesses over the multi national companies. small business are stuck here. ge can diversify by opening a plant in china. it is easy to get productivity by going overseas. small business if you talk to anybody we don't know what will happen. we do know the president wants to raise our taxes. here is where the debate is absurd. the president says let's make it $250,000. it is fairness. people at the upper end, we need to be
? >> why mess up a good thing. stop printing money, ben bernanke. adam: that is all the time we have got for you today. "the willis report" is next, have a great thursday. gerri: tonight get ready, folks. we arwe're going over the fiscal cliff and lawmakers are just picturing about it, they are not trying to fix it. we have some great ideas to fix the fiscal cliff blues. try flying first class and don't pay for it. welcome to "the willis report." hello, everybody. i am gerri willis. tonight congress is pushing america up a fiscal cliff of its own making. president obama and the senate back in washington today trying to get some kind of a deal done, that is what they say, but nothing will likely come in time. harry reid spent the day moaning about how bad of a speaker john boehner is good the house is set to return sunday afternoon just one day before the end of the year. nearly 90% of americans will be hit with $500 billion in tax hikes and spending cuts. as we head off a cliff, what can you and your family expect come january 2? president of the american action reform joins me now. so,
for the massachusetts seat because he considers connecticut his home. >>> and it looks like ben affleck is sticking to life in hollywood instead of heading to washington. the star of argo, a great movie, says that he quote, loves the political process but i'm not running for office. we'll be right back. [ male announcer ] feeling like a shadow of your former self? c'mon, michael! get in the game! [ male announcer ] don't have the hops for hoops with your buddies? lost your appetite for romance? and your mood is on its way down. you might not just be getting older. you might have a treatable condition called low testosterone or low t. millions of men, forty-five or older, may have low t. so talk to your doctor about low t. hey, michael! [ male announcer ] and step out of the shadows. hi! how are you? [ male announcer ] learn more at isitlowt.com. [ laughs ] hey! progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. >>> welcome ba
. >>> and it looks like ben affleck is sticking to life in hollywood instead of heading to washington. the star of "argo," a great movie, says that he quote, loves the political process, but i'm not running for office. we'll be right back. [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. but since i've been on alli, am i on this one? nope. am i on this one? no, no, no, no, no. i am on this one. [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. belt-friendly. let's fight fat with alli. have a healthier holiday at letsfightholidayfat.com. >>> welcome back to "hardball." the tea party movement, they
avoided by the current chairman ben bernanke, and even though he avoids the conversation, he doesn't avoid giving congress the biggest fire hose in the world filled with free water. >> i love those kind of fire hoses on every corner, please. >> what's that, david? >> bernanke is the most aggressive fed governor we will ever know in the last 40 or 50 years with the monetary stimulation that began in november 2008. >> well her, needed to be? >> and that's likely to still be the only game in town in the face of just fiscal irresponsibility. >> in light of a digs functional congress and no fiscal direction coming from washington in terms of the capitol or the white house, you needed a more aggressive fed chairman, didn't you, david? >> absolutely, you do, and he's the best student of history for this type of situation. i worry two or three years down the road when he has to unwind it, when this record monetary stimulation could ultimately be inflationary, but that's not anywhere in the cards for the next 12 to 18 months. >> he won't be there anyway. he doesn't have to worry about that. he won'
lawmakers retailiating and call would for sanctions against russians. its like no senate run in ben affleck's future. he will not run for john kerry's senate seat. he said he's staying out of the political ring. heart warming video of a alabama football fan getting a christmas gift he will never forget. we are going to the game. that's great. danual buchanan surprising his father to a bcs title game . the game is january 7th. >> best gift ever i think. >> it is bigger if it is notre dame. >>> and that is true. >> video from amarillo, texas. noble texas in the texas panhandle with four inches reported . cross i-40 major problems there yesterday. look at the weather map. a lot is going on. look at dallas waking up to 23 . 12 in kansas city. cold air since last january. see that warm pocket in georgia and carolinas and florida . that is today . same storm now and pulling east and toward the north . we'll see severe weather in the east. we'll show you that in a second and look at where heavy snow in missouri and about to taper off there and southerp illinois and indiana. that is extreme wind an
. welcome, ben bernanke. like dan the man and myself, we're going to be looking at that participation rate. i don't think ben's going to want the lower rate to be driven by issues that are economically sound. >> i think you're right. the one thing you have to pay attention to, what if we start stronger numbers. >> i hope unemployment goes down, participation rate goes up. now, i'm going to hit in another arena. i love simon and simon was given one of the republicans a hard time. and i understand that. hey, where was the entitlement reform? where was the media asking about it last night? >> we hadn't heard anything. >> these fiscal conservatives, maybe they're not as good as the president. they are the best. at playing political chess. >> yes, they are. >> it just unfortunate there's very little correlation between winning the chess game of politics and winning what's best for the country. >> you win a battle here, but what about the long-term war here? >> they're not winning anything right now. i'm so disgusted right now. it's what's been going on in our country for the past four years. th
cliff. this fall is really going to hurt. ben white of morning money, dennis, said an excuse to get a bic can keeney on the cover. >> relatively slow news day. what geithner did yesterday is almost as if he is strapping a damsel in distress to the tracks and saying the stakes are rising higher. the markets are taking all this tension, all this sort of -- these things at stake to really make the point perhaps that you have to have those stakes really high for people actually to get a deal. >> on "fast" last night when that letter crossed in the green rooms, we were chatting, we said this sounds like a ploy on the part of the treasury to actually get people to start moving. obviously, there wasn't a market selloff, did have the stumbling blocks and traders on friday said almost better if we did see the markets pull back more to crystallize what this could mean for the u.s. economy to members of congress. we didn't see that. it is a numbers game though in terms of what will happen. we know need 60 votes to clear a fill buster in the senate. seven republicans need to go along a lot of j
was -- in print saying that gold would not go over 2,000 -- >> will it get there. if ben bernanke gets his way, it will get there. >> it went from 200 to 1,800 knowing what bernanke was going do. but you're right because it's a beg thy neighbor. everybody is printing -- >> at the core of what the fed is trying to do is phillips curvean in that they're trying to trade short-term gains in unemployment for modest upticks in inflation. if they get their way, presumably the gold bowls will come back out of the woodwork. >> if it goes from 200 to 1, 800, it's anticipated. >> how much did that suit cost? >> not very much. tie's a different story. >> not $1,800? >> no, not $1,800. >> you should be able to buy a suit for an ounce of gold. that's always been the -- >> i was not aware of the suit-to-gold ratio. >> suit-to-gold ratio. you -- never, never been your -- >> suits -- >> you've always need good five or six troy ounces to buy -- >> you buy a brioni suit, can you pay in gold bars? >> that's how i usually do. it. >>> real quick, boxing day according to wikipedia, traditionally the day following ch
they do that. in london, big ben chimed at midnight and fireworks lit up the sky over the london eye. people started to line the thames river yesterday afternoon. >> what happened to shanghai? >> not only did they have fireworks, they had a laser show as well. weren't fireworks invented in china? any way, they know how to do them. >> thank you very much. we're up for a special edition of "fox and friends" because of what happened in the senate last night. we're going to keep you updated. we've got doug mcelway, he's going to give you an update on what happened in about a minute. >> i was at disney for the practice for the new year's day celebration on, was it new year's eve or the day before new year's eve, the 30th -- it's hard to remember what day it is. that was the most incredible thing. at one point i thought we were being attacked. i believe i was at one of the parks. magic kingdom. >> two days ago, you don't know where you were? >> one day leads to the next. >> if it's tuesday, this is "fox and friends." brian, you're fired. >> i did miss monday. the good news is the senate ap
Search Results 0 to 17 of about 18